August 21, 2017 12:09 PM ET

Construction and Engineering

Company Overview of MT Højgaard A/S

Company Overview

MT Højgaard A/S engages in construction and civil work activities in Denmark and internationally. The company is involved in various civil works comprising concrete, concrete renovation, drainlaying, earthworks and roads, facade insulation and moisture barrier installation, infrastructure, marine works, piling, utility service infrastructure, and water supply and water treatment works. It also offers commercial construction services for domiciles; hotels; warehouses; multi-storey car parks; pharmaceutical and biotech facilities; production, storage, and transportation facilities; and shops, shopping centers, and hotels. In addition, the company provides concrete services; develops and constr...

Knud Højgaards Vej 7

Søborg,  2860

Denmark

Founded in 1918

4,222 Employees

Phone:

45 70 12 24 00

Fax:

45 70 13 24 21

Key Executives for MT Højgaard A/S

Chief Executive Officer, President and Member of Executive Board
Age: 61
Chief Financial Officer and Member of Executive Board
Age: 52
Chief Executive Officer of Hojgaard Holding A/S
Age: 60
Executive Vice President
Age: 59
Executive Vice President
Compensation as of Fiscal Year 2017.

MT Højgaard A/S Key Developments

MT Højgaard A/S Announces Unaudited Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings Guidance for 2017

MT Højgaard A/S announced unaudited earnings results for the six months ended June 30, 2017. EBIT was a profit of DKK 16 million, compared with a loss of DKK 19 million in the first half of 2016. The development reflects a generally higher level of activity and a positive effect from the transfer of the contract for interior works on stations on Metro Cityringen to CMT. The company still expects revenue of around DKK 7.2 billion and EBIT in the DKK 150 to DKK 200 million range for 2017.

Copenhagen Metro Team I/S and MT Højgaard A/S Enter into Final Agreement to Convey the Contract for the AF Work on 17 Stations on Metro Cityringen

Copenhagen Metro Team I/S (CMT) and MT Højgaard A/S have entered into a final agreement to convey the contract for the AF work on 17 stations on Metro Cityringen. The agreement, which was amicably reached between the two parties, entails that CMT takes over MT Højgaard's contract for AF work. CMT will integrate MT Højgaard's works and other related works to ensure the best possible coordination between CMT's own work on the line with the architectural finishes. The parties have agreed not to disclose the terms of the agreement.

Mt Højgaard A/S Reports Earnings Results for the First Quarter Ended March 31, 2017; Reaffirms Earnings Guidance for the Year 2017

Mt Højgaard A/S reported earnings results for the first quarter ended March 31, 2017. For the period, the company has posted revenue of DKK 1,694.2 million against DKK 1,487.7 million a year ago. LBIT was DKK 22.4 million against DKK 13.9 million a year ago. LBT was DKK 25.7 million against DKK 18.6 million a year ago. Loss before attributable to shareholders was DKK 24.4 million against DKK 21.5 million a year ago. Cash flows from operating activities were NOK 1.0 million against cash flow used in operation was DKK 103.0 million a year ago. Purchase of property, plant and equipment was SKK 25.4 million against DKK 26.5 million a year ago. Return on equity was negative at 2.4% against 2.3% a year ago. The group maintains the outlook of revenue of around DKK 7.2 billion and EBIT in the DKK 150 million - DKK 200 million range in 2017.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 12, 2017
18,660 sq m Residential Development Project in Copenhagen
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